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Union Cabinet Clears Rs 1.86 Lakh Crore Green Corridor Phase III

By Drooid · Sep 30, 2026, 4:56 PM UTC · How we work

Summary

Story summary

Union Cabinet approved the Rs 1.86 lakh crore Green Energy Corridor Phase-III scheme.
The plan earmarks Rs 50,000 crore for 50 GWh of battery storage.
The scheme will add 51,126 km of transmission circuits and 228,903 MVA of substation capacity.
India curtailed 8,133 GWh of solar electricity in April-June 2026 because of transmission bottlenecks.
The programme aims to reach 500 GW non-fossil capacity by 2030 and 900 GW by 2035.

History

Historical Context

India’s push for renewable transmission accelerated after the 2023 G20 summit in New Delhi, where Prime Minister Narendra Modi announced the India-Middle East-Europe Economic Corridor (IMEC) to link Gulf energy to Europe. The Union Cabinet’s Phase III approval of the Green Energy Corridor, highlighted by IRENA, builds on that initiative and aligns with the EU-India trade deal signed in January 2026 to fund green infrastructure.

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Story summary

Union Cabinet approved the Rs 1.86 lakh crore Green Energy Corridor Phase-III scheme.
The plan earmarks Rs 50,000 crore for 50 GWh of battery storage.
The scheme will add 51,126 km of transmission circuits and 228,903 MVA of substation capacity.
India curtailed 8,133 GWh of solar electricity in April-June 2026 because of transmission bottlenecks.
The programme aims to reach 500 GW non-fossil capacity by 2030 and 900 GW by 2035.

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